Woodside Petroleum

Woodside Petroleum (WPL)

Stock Code

WPL

Stock Exchange

ax

The parent company of the Woodside Group of Companies, the Woodside Petroleum Limited (WPL) is an Australian-based company engaged in the operation and management of hydrocarbon exploration, production, development, marketing and transportation, operation and implementation of the North West Shelf Gas Project as well as the condensate reserves, gas and oil exploration and development. WPL was listed on the Australian Stock Exchange on the 18th of November 1971. Its average annual revenue reaches approximately $3 billion out of its issued capital of approximately $700 million.

Woodside Petroleum FY Profit $2.89b up 98%


Oil and Gas company, Woodside Petroleum (ASX:WPL) have released its full year profit results to stakeholders, shareholders and investors.

  • Woodside Petroleum Net Profit $2.89 Billion, up 98 percent on the previous year.

Woodside Petroleum 1H Half Year Results


Australia's biggest oil and gas producer, Woodside Petroleum (ASX:WPL) have released their 1H Half Year financial results for FY 2012 to the ASX stockmarket.

  • WPL first half net profit is US$812 million (AUD$777.67 million) down from US$828 million from the previous corresponding period.

Woodside Beats Full Year Production Forecast


Woodside Petroleum (WPL) oil and gas full year production may have fallen 11 per cent compared to the previous corresponding period, but it has exceeded the company's full-year production guidance. The company's 64.6 million barrels of oil equivalent (MMboe) for its full year production had beaten its previous forecast of 62-64 MMboe.

Woodside Approves $2.5B North West Shelf Development Project


Woodside Petroleum (WPL has announced today its approval of the $2.5 billion development of the Greater Western Flank (GWF) project to mark the expansion of North West Shelf. The first phase of GWF will also include the development of Goodwyn GH and Tidepole fields.

Woodside Signs $30B Native Title Deal


Woodside Petroleum (ASX:WPL) has signed a $30 billion agreement with native landowners to develop the Browse Basin liquefied natural gas export project in Kimberley, Western Australia.

Under the agreement with the Goolarabooloo Jabirr Jabirr Aborigines, Woodside pledged more than $1 billion to the native communities in the form of education, housing and initiatives, spread over 30 years.

Woodside Shares Drop Fuels BHP Takeover Speculation


As Woodside Petroleum's (ASX:WPL) shares crashed below $40 for the first time in 10 months, BHP Billiton (ASX:BHP) may be swooping in for a takeover with a possible $35 billion bid in the offing.

Woodside Pays to Settle Discrimination Claim


Woodside Petroleum (ASX:WPL) has agreed to pay a $170,000 settlement to a former female executive to close a sexual discrimination case. The company maintains that this was done not in admission to the claim, but because it was the best way to conclude the case for both parties.

Woodside's Voelte Warns of Cyber Attacks


Outgoing Woodside Petroleum (ASX:WPL) chief executive Don Voelte has warned of cyber hacking from China and other countries, saying that resources companies are under attack "from everywhere."

Woodside Hits Gas at Xeres-1


Woodside Petroleum (ASX:WPL) reported today that it has discovered gas reserves at its Xeres-1 well in Western Australia.

Woodside,--which has a full equity interest in Xeres-1--along with joint venture partners WA-34-L Tokyo Gas and Kansai Electric, stand to acquire a 5 percent interest in the well.

The well is about 12 kilometres from the Pluto-1 discovery in licence WA-34-L, Carnarvon Basin, Western Australia.

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